Laureate Education Company profile
About Laureate Education Inc
Laureate Education, Inc. operates a portfolio of degree-granting higher education institutions primarily focused in Latin America. The institutions in its Laureate International Universities network offers a range of undergraduate and graduate degrees through campus-based, online and hybrid programs. Its segments include Brazil, Mexico, Andean, Rest of World and Online & Partnerships. It owns approximately 12 institutions in seven states throughout Brazil. It owns approximately two institutions in Mexico. The Andean segment includes institutions in Peru. The Rest of World segment includes campus-based institutions in Asia Pacific with operations in Australia, Malaysia and New Zealand. The Online & Partnerships segment includes online institutions that offer profession-oriented degree programs in the United States through Walden University and through the University of Liverpool and the University of Roehampton in the United Kingdom.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Laureate Education Inc revenues increased 6% to $1.09B. Net loss applicable to common stockholders excluding extraordinary items decreased 7% to $294.5M. Revenues reflect Mexico segment increase of 88% to $1B, Peru segment increase of 11% to $537.1M, Peru segment increase of 11% to $537.1M, Mexico segment increase of 1% to $539.5M.
Equity composition
Common Stock $.01 Par, 7/07, 90M auth., 52,030,933 issd., Insiders own 14% (3.6M in options). IPO 9/93, 2M shs @ $11 by Alex. Brown & Sons (ABS). PO 12/95, 2.5M shares @ $25 by ABS. PO 8/97, 5M shares (1.5M by Co.) @ $37.50 by ABS. FY'94-'95 reclassified. 08/07, Co. acq. by Wengen Alberta LP @ $62.00/sh.